We are delighted to announce that GMG Europe BV. has been approved as a SwapClear trading venue by LCH, marking a significant milestone in the expansion of our business in the swaps market. As an approved member, we now provide our clients with direct and efficient access to one of the leading clearing platforms for interest rate swaps.
As an Organised Trading Facility (OTF) under the MiFID II and MiFIR directives, GMG Europe BV. is now approved by LCH for SwapClear, joining other leading firms in offering seamless access to clearing services.
Having completed the extensive onboarding requirements, GMG Europe BV is now live on Traiana connected with its clients.
By joining SwapClear, we reinforce our commitment to enhancing transparency and accessibility in the swaps market, contributing to greater liquidity and meeting the growing needs of our institutional clients. We look forward to continuing our growth and strengthening our position in the European market.